Santa Fe Midstream Commences Construction of New Midstream Facilities
in West Texas Serving Producers in the Permian Basin’s San Andres Play

September 08, 2017 08:00 AM Eastern Daylight Time

PLANO, Texas--(BUSINESS WIRE)--Santa
Fe Midstream LLC (“Santa Fe”) announced today the start of
construction of a natural gas gathering, treating and processing system
in the San Andres play in the Permian Basin. Construction commenced in
August 2017 and the initial natural gas facilities will be operational
by the second quarter of 2018. Santa Fe is also developing a crude oil
gathering system in the area. Santa Fe’s natural gas and crude oil
midstream facilities will be located in Yoakum, Gaines and Cochran
counties in Texas as well as Lea County, New Mexico. The facilities will
initially serve a substantial dedication from a leading producer
sponsored by a large energy private equity fund.

“Due to the increasing activity and rapid growth of the San Andres play
in Yoakum, Cochran and Gaines counties, producers have expressed
significant interest in new crude oil and natural gas gathering
infrastructure. Santa Fe is pleased to provide the new facilities, best
in class service and optimal netbacks as requested by producers in this
area,” said Amer Rathore, Santa Fe Managing Partner and Founder.

Residue from the natural gas processing plant and treating facilities
located near Denver City, Texas, will be delivered to El Paso Natural
Gas’ interstate pipeline with access to the WAHA hub and Western U.S.
natural gas markets. Natural gas liquids will be delivered to Enterprise
Products’ Chaparral Pipeline for transportation to Mt. Belvieu, Texas.
“By connecting to multiple crude oil markets as well as premium natural
gas and liquids markets, Santa Fe will provide the best possible
netbacks for producers in the area,” said Greg Kegin, Santa Fe Managing
Partner and CEO. “We look forward to supporting producers’ drilling
plans by expanding our system.”

Please contact Cliff Rupnow, Managing Partner and VP of Commercial at
(214) 308-9623 or (817) 239-5547 for more information.

About Santa Fe Midstream LLC

Based in Plano, Texas, Santa Fe Midstream LLC is a creative midstream
company led by an experienced and successful management team. Santa Fe
is dedicated to creating value for our customers as we partner with them
in providing a full menu of midstream services. Our capabilities include
natural gas gathering, compression, treating and processing, crude oil
gathering and transportation, produced water handling, as well as
condensate and NGL products marketing. Santa Fe Midstream LLC is backed
by Energy Spectrum Capital’s fund Energy Spectrum Partners VII LP.

Based in Dallas, Texas, Energy Spectrum Capital is a midstream-focused
private equity firm that has raised over $3.5 billion in capital
commitments focused on investing in North America’s energy
infrastructure. Since its inception in 1996, Energy Spectrum has
sponsored over 50 portfolio companies.